Caloia is accused of having embezzled €60 million by selling almost all of the Vatican Bank’s real estate to himself and his accomplices through offshore companies.
His accomplices were the lawyer Gabriele Liuzzo (requested: 8 years) and his son Lamberto (requested: 6 years).
Caloia succeded Monsignor Paul Marcinkus (+2006) at the Vatican Bank. The trial began in May 2018. The judgment will be pronounced on 21 January 2021.
According to the prosecution, the defendants acted out of greed and kept the most valuable properties for themselves.
During the interrogation, Caloia justified the millions of euros found in his bank accounts with an inheritance from his mother-in-law but before the court he couldn't even remember his mother-in-law's name.
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